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£650,000
East Oxford, Oxford, OX4
- 5 beds
£650,000
- 5 beds
PREMIERAGENT
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Estimate monthly mortgage payment:
£2,967 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£32,500
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Property Description
Chancellors are pleased to present this five bedroom HMO property in a prime location for Oxford rentals. Call today to arrange your viewing.
Property Details
A rare opportunity to acquire a licensed 5-bedroom HMO in Oxford�s sought-after Article 4 area, just off Cowley Road and only 1.3 miles from Oxford city centre.The property is currently fully let, generating an income of �3,275 per month, rising to �3,325 per month next year, representing a gross yield of over 6%. With consistently high demand in this prime rental location, it offers both reliable income and strong long-term prospects.This extended house boasts high ceilings, a private driveway, and a substantial rear garden, with further potential to extend into the loft (subject to planning permission).Importantly, the property sits within an Article 4 Direction area. This means new HMOs cannot be created here without planning consent, making existing licensed HMOs highly sought-after. Investors can therefore acquire a compliant, income-generating HMO with added security in one of Oxford�s strongest rental markets.An attractive and rare investment opportunity not to be missed.
Council tax band D
If you'd like to talk to us about this property, quote reference 5962853 when calling.
Chancellors are pleased to present this five bedroom HMO property in a prime location for Oxford rentals. Call today to arrange your viewing.
Property Details
A rare opportunity to acquire a licensed 5-bedroom HMO in Oxford�s sought-after Article 4 area, just off Cowley Road and only 1.3 miles from Oxford city centre.The property is currently fully let, generating an income of �3,275 per month, rising to �3,325 per month next year, representing a gross yield of over 6%. With consistently high demand in this prime rental location, it offers both reliable income and strong long-term prospects.This extended house boasts high ceilings, a private driveway, and a substantial rear garden, with further potential to extend into the loft (subject to planning permission).Importantly, the property sits within an Article 4 Direction area. This means new HMOs cannot be created here without planning consent, making existing licensed HMOs highly sought-after. Investors can therefore acquire a compliant, income-generating HMO with added security in one of Oxford�s strongest rental markets.An attractive and rare investment opportunity not to be missed.
Council tax band D
If you'd like to talk to us about this property, quote reference 5962853 when calling.
Mortgage calculator
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£2,967 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£20,000
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
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- Conveyancing fee
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